Yankees' Resale Market Will Compete With StubHub

Summary of 2 articles · Updated Feb 13, 2013

Buyers will be charged 10 percent of the resale value, the same as on StubHub, which is by far the largest online reseller. The move was aggressive because the Yankees and the Angels were the only teams to opt out of the new five-year deal between StubHub… (more) and Major League Baseball Advanced Media. During the past year or so, the Yankees have blamed ticket exchangeslike StubHub for a relatively modest decline in their home attendance. The storefront, which StubHub decided to open so its customers can pick up their tickets on gamedays, is on East 161st Street and may be within that radius. Lehrman said that if the Yankees set a price floor, it will backfire. “It is unfortunate that unscrupulous resellers utilize deceptive practices and tactics and employ unofficial Web sites, all of which give rise to counterfeit tickets,” Steinbrenner said in a statement.